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County Overview

Franklin County, VA

Aggregate real estate market report across county ZIPs
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Franklin County, VA real estate market currently shows 246 active listings, with 50 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 80 days on market compared to 77 days last year.

The median listing price has risen 5.8% year-over-year, from $432,425 to $457,450.

Whether you are buying or selling in Franklin County, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 51,669  ·  Density: 34.4/mi²  ·  Median household income: $63,333

Typical home value: $190,285  ·  Homeownership: 78.9%

Included Areas

Boones Mill: 24065

Callaway: 24067

Ferrum: 24088

Glade Hill: 24092

Hardy: 24101

Henry: 24102

Penhook: 24137

Redwood: 24146

Rocky Mount: 24151

Union Hall: 24176

Wirtz: 24184

Area Map

Market Overview

Active Listings
246
⇧ 7.4% vs 229 last year
Pending
50
20% pending ratio
Median Price
$457,450
⇧ 5.8% vs $432,425 last year
Average Price
$683,537
⇧ 2.4% vs $667,553 last year
Days on Market
80
⇧ 3.9% vs 77 days last year

Price Per Square Foot

Median $/sqft
$227
⇧ 4.6% vs $217/sqft last year
Median Home Size
2,323 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇧ 14.6% vs 0.2% last year
Price Increased
0%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %